Rising Repair Rates: Vehicle repair costs have increased by 28 percent over past three years, says Wall Street Journal
Toronto, Ontario — The cost of vehicle maintenance and repair has increased by an average of 28 percent over the past three years due to rising vehicle technification, says a new article from The Wall Street Journal. The article specifically notes that among parts costs, “another culprit is the cost and labour required for all […]
COST CONSIDERATIONS
HOW THE RISING COST OF REPAIRS EFFECT COLLISION REPAIRERS Story by SARAH PERKINS Vehicles are packed with advanced technology—and as such, repair expenses climb higher and higher. These expenses apply pressure to various verticals of the industry. From the intricacies of new electronics to the rising price of specialized parts, collision repairers are facing an […]
